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Cuiabá, YPFB close provisional natgas supply deal

Source: Bnamericas

Date: 06/26/2007 00:00

Brazil`s 480MW Cuiabá thermo plant in Mato Grosso state has signed a provisional natural gas supply deal with Transborder Gas Services (TBS) and Bolivia`s state oil company YPFB, plant operator Pantanal Energia said in a statement.

The Cuiabá thermo plant will continue its operations through this provisional contract and work in partnership with YPFB for a definitive contract," Pantanal Energia commercial manager Fábio Garcia said.

YPFB is supplying at least 1.1Mm3/d of natural gas to Cuiabá. This volume is assured until December 2009. Plant capacity is 2.2Mm3/d.

"This provisional contract guarantees gas volumes enough for Cuiabá to operate at minimum capacity," said Garcia.

The plant accounts for 70% of Mato Grosso state`s gas demand.

Cuiabá will purchase the natural gas for US$4.20/MBTU.





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